Quanshang Eyes China's Valve Market

Chairman of the Fujian Plumbing Association and chairman of the brilliant plumbing group Huashi Valve, Wang Jianye, said at the 3rd China (Nan'an) Valve Forum recently held that “In the next 10 years, China’s valve industry will usher in unprecedented opportunities for development, thermal power, nuclear power, The new valve products for hydropower, large-scale petrochemicals, oil and gas gathering and transportation pipelines, coal liquefaction and metallurgy, and water conservancy projects will be the focus of development.” His remarks attracted more than 600 domestic valve companies Resonance of the elite.

The "Golden Decade" has come

"After more than 30 years of development, Nanan has become China's important valve production and sales base, with a complete and mature industrial chain." Wang Jianye said that currently, Nanan has more than 800 plumbing valve manufacturers and more than 50 large-scale enterprises. This industrial advantage has not only improved the grade of Nanan plumbing valves, formed a brand of plumbing valves that has influential power in the country, but also provided a good environment for Nanan to create a 100 billion yuan plumbing valve industry.

At the same time, there are more than 400,000 plumbing and valve sales forces in Nan'an, and they are found throughout the country. Plumbing valves sold by Nanan people account for 70% of the country's total. According to estimates, during the “Twelfth Five-Year Plan” period, the total annual demand for Chinese valves will reach 100 billion yuan, which means that Nanan people will be in control of orders for plumbing valves of at least 70 billion yuan in the future.

Since the beginning of the valve export business in 1996, Fidelity Valves has accumulated more than 20 years of export experience. In 2014, Fidelity Valves shifted its focus from the European market to China, fully exploited the domestic market, and plans to list on the New Third Board. On the forum, Wang Annan, chairman of Feida Valves, stated that China's export valve industry still has a 10-year development period.

Market segmentation further

The market outlook for the valve can be expected, but which segment should the company make specific efforts?

Petrochemical valves are a very strong market segment for the valve industry. With the continuous advancement of the global petrochemical industry, petrochemical valves have seen rapid development in recent years. Shuangheng Valves is aiming at this trend and focusing on petrochemical valve R&D and production. Shuangheng Valve Chairman Huang Wenyi said: “According to the US Energy Information Administration, global energy consumption will increase by about 53% between 2008 and 2035, and before 2035, the total oil and natural gas will still account for the entire energy consumption. 52% of the world's crude oil demand and mining will maintain a basically stable trend. This will provide strong support for the growth of demand for oil and gas valves." Huang Wenyi believes that large-scale investment in oil and gas pipelines will promote Industrial valves, especially large-diameter valves, have continued to expand in demand.

Li Shenghui, chairman of China Silver Ball Energy Conservation Engineering Co., Ltd., sees the prospect of a steam trap. The steam trap is the last pass for the production of heating equipment. Its role is to block steam and water. All steam traps and boilers are indispensable for steam traps. “The trap has the smallest proportion of valves and the highest technical content. It has the greatest impact on the production process.” Li Shenghui said that with the rapid development of China’s economy, many advanced production equipment require stringent conditions for the traps. Under the increasingly tense environment of energy, the work of energy saving and emission reduction has become a topic of common concern all over the world. The market for high quality traps is in great demand.